tradingcritique.com gives you the updated Plus 500 Broker review for the year 2025. Plus 500 is a CFD Broker providing a good number of financial instruments to trade-in. To know about the detailed product guide of Plus 500 along with its regulations read further.
- Minimum Deposit: $100
- Max Leverage: 1:30
- Trading Commissions: 0
- Regulated by: CySEC, FSCA, FMA, ASIC, FCA, MAS, FSA
- Market Asset: CFD trading on Indices, Forex, Commodities, Crypto, Shares, Options, ETFs
- Customer support: 24/7
- Deposit Fees: 0
Plus500 has started its journey in 2008. Plus500 Ltd, the headquarters company is based in Israel. Plus 500 subsidiaries are present in the United Kingdom, the United States, Australia, Cyprus, Israel, Singapore, and Seychelles. The company is also listed on the London Stock Exchange with the ticker PLUS. It is a constituent of the FTSE 250 Index in the Investment Banking and Broking Sector under the Investment Services subsector.
Plus500 Ltd is a fast-growing online provider of Contracts for Difference (CFD). It developed and operates an online trading platform for individual customers to trade CFDs internationally. Overall, it provides more than 2,200 different underlying global financial instruments. The instruments include equities, indices, commodities, options, Exchange-Traded Funds (ETF), cryptocurrencies, and foreign exchange to trade using CFDs.
Plus500 provides a free demo account that is available on an unlimited basis for the platform users.
The trading platform is accessible from multiple operating systems, such as,
- Windows,
- Smartphones (iOS, Android, and Windows Phone),
- Tablets (iOS, Android, and Surface),
- Apple Watch, and
- Web browsers.
Retail traders from over 50 countries are allowed to trade using CFDs in Plus500 with accessibility to 32 languages. A key point to note here is the 24/7 customer service.
Regulation and Trustability
Plus500 is Regulated and have licenses under CySEC, FSCA, FMA, ASIC, FCA, MAS, FSA. They offer different websites for different countries. Plus500 platform is protected by Secure Socket Layer (SSL). The regulations, company details with the licence number of Plus500 is listed coutrywise in the below table.
Table 1: Regulations, Company and Licence details of Plus500 countrywise
| Country | Company name | Registration details | Regulations |
|---|---|---|---|
| Cyprus | Plus500CY Ltd | Licence Number – 250/14. | Cyprus Securities and Exchange Commission (CySEC) |
| United Kingdom | Plus500UK Ltd | Licence Number – FRN 509909 | Financial Conduct Authority (FCA) |
| Seychelles | Plus500SEY Ltd | Licence Number – SD039 | Financial Services Authority (FSA) |
| Singapore | Plus500SG Pte Ltd | Licence Number – CMS100648-1 | Monetary Authority of Singapore (MAS) |
| Australia | Plus500AU Pty Ltd | Australian Financial Services Licence (AFSL) – 486026 | Australian Securities and Investments Commission (ASIC) |
| Australia | Plus500AU Pty Ltd | Authorised Financial Services Provider (AFSP) Number – 47546 | Financial Sector Conduct Authority (FSCA) |
| Australia | Plus500AU Pty Ltd | FSP Number – 486026 | Financial Markets Authority (FMA) |
Investments, Products, and Instruments
Plus500 offers 2000+ tradable instruments for CFD trading. Assets like Indices, Forex, Shares, Crypto, Commodities, Options, and ETFs are available in Plus 500 to trade-in CFD.
Table 2 : Different types of trading instruments available in Plus500 to trade explained with their features
| Instrument types | Features to trade in Plus500 |
|---|---|
| Crypto | CFD trading in Cryptocurrencies with Leverage |
| Leverage 1:2 | |
| The available Cryptocurrencies to trade-in Plus 500 are : Bitcoin, Cardano, Ethereum / Bitcoin, NEO, Ethereum, EOS, Crypto 10 Index, IOTA, Bitcoin Cash ABC, Litecoin, Stellar | |
| Available to trade 24/7 | |
| No need for any Cryptocurrency exchange account or wallet. | |
| Indices | CFD trading on stock Indices with leverage |
| Leverage 1:20 | |
| Free Real-time streaming quotes on all Indices | |
| Free Price alerts and notifications on live quotes | |
| Forex | Forex CFD trading with leverage |
| Leverage 1:30 | |
| 60+ Forex Pairs | |
| Commodities | Commodities CFD trading with leverage |
| Leverage 1:20 | |
| Gold, Silver, Oil, Copper, Corn, etc are available to trade | |
| Shares | Stocks/Shares/Equity CFD trading with leverage |
| Leverage 1:5 | |
| Shares of various stock exchanges from across the globe such as the USA, the UK, Germany, etc are available to trade | |
| Advanced trading tools available to control your profits and losses | |
| Options | CFD Options trading with Leverage |
| Leverage 1:5 | |
| Instruments like Oil, Facebook, Germany 30, Apple, Tesla, Amazon, etc., are available with Call and Put options | |
| ETF | ETFs CFD trading with Leverage |
| Leverage 1:5 | |
| Set Free Stops and Limits on your positions to control your Profits and Losses | |
| Trade-in SPDRUSA500, VXX Volatility, GLD Gold, etc. |
Trading Platform
Plus500 provides Web trading and Mobile trading platforms. They serve two different types of accounts on the same platform. Plus 500 creates and designs the trading platform on its own. They do not use the best build platforms like MetaTrader (MT4), MetaTrader 5 (MT5), C-Trader, etc. It would have been an added plus point if they also have accessibility to these platforms as the customer can choose from the platform they are comfortable trading with.
Web Trading
Plus500’s Web Trading has a comfortable user interface that is simple and easy. You can create tracking lists, analyze charts, and track trades in the web trading platform.
There are about 100 technical indicators in Technical analysis charts. You can use those for many different periods, from tick charts to weekly charts. The user interface of the Web trading platform is so familiar to well-known traders. Hence can be understood and practised easily.
Plus 500 web trading platform has about 2,000 tools. Choose and use the tools in your customizable technical analysis chart. You have the feasibility to place your trades in a single click.
According to our opinion, it would be very useful to the customers if Plus500 has an option to trade in the MT4 and MT5 platforms as well.
Mobile Trading
The mobile version of the trading platform is available for traders who like to trade markets using their Smartphones or Tablets. It is available for download in both the Google play store and Apple App Store. All the features in the web-based version of Plus 500 are also available in the mobile version. The Plus500 mobile trading platform will also be identical to that of the web-based platform.
Plus 500 Broker review – Account Types
Plus500 offers three types of live trading accounts, namely,
- Demo Account,
- Real Money Account,
- Professional accounts .
Professional Clients have both Demo and Real Money accounts. Let us see about the features of these three account types in the below sections.
Plus 500 Real Money Account
The Real Money Account is for the Retail traders. Plus500 has different websites for different countries under its respective regulations. Therefore, Plus500 has different websites for Cyprus, Australia, the United Kingdom, Singapore, and Seychelles. The Retail account is available on all the above-mentioned Plus500 websites.
Real Money Account are for individuals they follow all the regulations of CySEC, FSCA, FMA, ASIC, and FCA properly. The client’s money is held in different segregated accounts separately from the company funds, hence your money invested can never become insolvent. Check the image below for more details.
- You can open a Plus500 retail account by following the steps given below,
- Go to the Plus500 website.
- Select Start trading.
- Register on the Plus500 platform.
- Click on Account and confirm your details.
- Confirm your Email address and phone number.
- Send them the requested documents, such as passport copy, proof of residence, and verification of your payment method.
- Deposit €/£/$100 and start trading.
*82% of retail CFD accounts lose money
Plus 500 Professional account
This account is available exclusively for Professional clients. These clients are experts in trading and require separate eligibility criteria to open a Plus 500 professional account. The maximum Leverage available under Plus500 Professional account is 1:300. Maximum features are the same for retail as well as professional accounts.
Plus500 Professional account is available only on the Plus500 websites of Cyprus, Australia and the United Kingdom. It is not available on the Singapore and Seychelles Plus 500 websites.
There are significant chances of losing money under a Professional account as there is less protection. Please invest in Professional trades only if you are an experienced trader or else if you are less experienced stick with the retail account.
As this account is for professional traders it does not have strict restrictions that are followed in the retail account. Basically, the Professional accounts have high leverage than the retail account and do not offer Negative balance protection. But Plus 500 claims to provide most of the protection available in the retail account.
- Plus500 Claims to provide the following features even for the Professional account, such as,
- Cash Rebates
- Client Money Protection
- Negative Balance Protection
- Best Execution for Orders
- They do not have ICF rights
- Plus500 proves to be the best Broker Platform to provide highly regulated and protected Professional account to the expert traders with all these protections provided even to the Professional account.
- The following are the eligibilities required to open a Professional account in Plus500,
- You should have a good record of trading activity in the past 12months.
- Your Financial instrument portfolio should be over €500,000.
- You should have proper and relevant experience in the Financial sector.
- Only if you fulfil these eligibility criteria you can open a Professional trading account as it has more risks involved.
Demo Account
Plus500 provides a free demo account for their customers. It helps customers to learn how to trade and how to handle the Plus 500 trading platform. and you are not required to be an expert trader to join this account. Due to the risks involved, beginners must use the demo account and the Trading Academy to gain experience before trading with real capital.
Fees and Commission
Plus500 minimum deposit amount is $100. The maximum leverage is 1:30. The deposit amount is changeable by Plus500. You can deposit different base currencies such as USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, and SGD. This helps the traders to have their investment in their desired currency.
The default account currency is based on the country of your residence. If you want to change base currency, you need to contact support. Plus500 charges no deposit fees.
The following are the deposit options available in Plus500,
- Bank transfer
- Credit/Debit card
- PayPal
- Skrill
- e-Wallets
The e-wallet option is available depending on your region. A bank transfer takes several business days to reflect in your plus500 account. At the same time, payment with a credit/debit card and electronic wallets is an instant process. The account must be in your name for you to deposit money in Plus500.
Plus500 charges the following fees – Overnight Funding, Currency Conversion Fee, Guaranteed Stop Order, and Inactivity Fee. More information you can find via Plus500 help center.
Here withdrawals are made through Electronic wallets, Bank transfers, Credit/debit cards,
- Electronic wallets: PayPal or Skrill. Funds are credited to your e-wallet account after the withdrawal is approved within the processing time of your e-wallet.
- Bank transfer: Bank to bank funds transfer. Funds are received in your bank account after authorization. Withdrawal is subject to your banking institution’s processing time and questionable jurisdiction.
- Credit/Debit cards: Funds are received in the bank account associated with the relevant card according to the processing time of each bank.
Instructions for Withdrawal from Plus500
- Login and Open your Plus500 account.
- Click – Funds Management from your Plus500 home screen.
- Select – Withdrawal option.
- Select your preferred withdrawal type (Bank transfer or Credit/Debit card or PayPal or Skrill)
- Fill in the fields.
- Finally, select the “Submit ” button.
Plus500 Broker Review – Customer support
Plus500 use 32 languages to serve their customers. Clients have access to customer support 24/7 via live chat or Email, and WhatsApp, whereas most of the brokers only offer support 24/5. There is an FAQ section that covers the most basic questions. They also give customers all the information they need on the FAQ page.
Education and Research
Plus500 educated well about trading by offering great tools like a Demo account, Trading platform tutorial, News, Market Insights, and Educational videos. Trading section of the website contains Educational videos and channels.
Plus500 News and Market Insights provide a lot of tags, such as Citigroup, Bank Of America, Wells Fargo, General Dynamics, Boeing, Virgin Galactic, U.S. Dollar Index, Wheat, Corn, Costco, Nvidia, Home Depot, Walmart, Bumble, etc. These tags related videos and articles are available in that section.
Plus500 trading guide helps to how to trade with Plus500. Nearly 9 videos are available here. You can learn what is CFD Trading? How to Trade With Plus500? What are Options? What are Trading Alerts? etc., from this trade guide section.
*82% of retail CFD accounts lose money
In a Nutshell – Key features of Plus500
“82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money”
